Babcock (NYSE:BW) & Wilcox Enterprises, Inc. (NYSE: BW) is a global provider of energy and environmental technologies and services, with roots tracing back to the 19th century. Founded in 1867 by George Babcock and Stephen Wilcox, the company pioneered the development of the water-tube boiler, establishing itself as a leader in steam-generation equipment. Headquartered in Charlotte, North Carolina, Babcock & Wilcox Enterprises has evolved through strategic acquisitions and divestitures to focus on advanced engineering solutions for power and industrial markets worldwide.
The company’s core business encompasses the design, engineering and fabrication of critical equipment such as heat recovery steam generators, industrial boilers and emission control systems. In addition to manufacturing, Babcock & Wilcox Enterprises offers a suite of services including installation, commissioning and long-term operational support. Its offerings span fossil and renewable energy facilities, process industries, and government projects, positioning the firm as a one-stop provider for clients seeking to optimize performance and manage environmental compliance.
Serving customers across North America, Europe, Asia and select international markets, Babcock & Wilcox Enterprises leverages a global network of manufacturing sites, engineering centers and service locations. This geographic reach enables the company to tailor solutions to regional fuel types and regulatory requirements, while drawing on a deep bench of technical expertise. Over the years, the firm has expanded its footprint through partnerships and technology collaborations, reinforcing its ability to address evolving energy-sector challenges.
Governance and leadership at Babcock & Wilcox Enterprises rest with an experienced management team and board of directors that emphasize innovation, safety and sustainability. With ongoing investment in research and development, the company continues to pursue advancements in emissions control, carbon capture, and small modular reactor technologies. By blending a long industrial heritage with forward-looking strategies, Babcock & Wilcox Enterprises aims to support its clients’ transition to cleaner, more efficient energy solutions.
